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1. India’s manufacturing sector contributes approximately 16–17% of Gross Domestic Product (GDP) and employs over 27 million workers. The National Manufacturing Mission aims to increase manufacturing’s share of GDP to 25% by 2035. Medium- and high-technology industries account for 46.3% of manufacturing value addition, reflecting the growing importance of technology-intensive manufacturing.

2. Bharat Audyogik Vikas Yojna (BHAVYA) was approved by the Union Cabinet in March 2026 and notified on 10 April 2026, with a total financial outlay of ₹33,660 crore. The scheme aims to develop 100 plug-and-play industrial parks across India to expand manufacturing capacity, attract investment, support Micro, Small and Medium Enterprises (MSMEs), strengthen supply chains, generate employment and improve ease of doing business.

1. Make in India was launched on 25 September 2014 to develop India as a global hub for manufacturing, design and innovation.

2. Make in India 2.0 now focuses on 27 sectors, including 15 manufacturing sectors and 12 service sectors.

1. The definition of Micro, Small and Medium Enterprises (MSMEs) was revised with effect from 1 April 2025 based on investment and annual turnover.

2. As of January 2026, the MSME sector contributes about 31.1% to India’s Gross Domestic Product (GDP), 35.4% to manufacturing output, and 48.58% to exports.

Key Takeaways

Government approves ₹7,280 crore scheme to establish domestic integrated REPM manufacturing ecosystem.

The Indian Navy is undergoing a strategic transformation under Vision 2047 to become a fully indigenous, technology-driven maritime force. The focus areas are innovation, indigenisation, and integration of advanced technologies, aligned with the national Aatmanirbhar Bharat mission.

INDIGENISATION AND STRATEGIC SIGNIFICANCE